CapitaLand divests two malls Circa JPY 42 billion and invests JPY 7.5 billion in second logistics asset in Japan to grow in new economy sector
CapitaLand will invest about JPY 7.5 billion1 (S$90.8 million2) to fully acquire a freehold site and develop a four-storey modern logistics facility in Ibaraki City, Osaka, Japan. This is CapitaLand’s second logistics development in Japan.
Strata Office at Chinatown Point for Sale by Expression of Interest by CBRE
CBRE has been appointed as the exclusive marketing agent for an office unit in Chinatown Point. Michael Tay (郑兆能), Head of Capital Markets, Singapore at CBRE says, “One of the many key selling points include the spectacular view that only high floor office units can command.
Panasonic Solar Energy Malaysia solar panel plant in Kulim for sale by Knight Frank
Knight Frank Malaysia has been exclusively appointed by Panasonic Solar Energy Malaysia as their Exclusive Marketing Agent on the sale of its solar cell and panel production plant for sale in Kulim Hi-Tech Park (“KHPT”). Allan Sim Executive Director of Capital Markets at Knight Frank Malaysia...
ESR Kendall Square REIT adds US$94.2 million Yongin BRIC logistics asset to portfolio
ESR Kendall Square REIT (the “REIT”; 365550 KS) has successfully completed another acquisition of a recently completed mixed-use logistics facility for US$94.2 million (or KRW 103 billion). This acquisition comes on the heels of last week’s successful drop down of the 11th asset “Anseong LP”....
ESR Kendall Square REIT adds US$145 million logistic asset to portfolio Korea
Korea’s #1 industrial real estate investment trust, ESR Kendall Square REIT (365550 KS), has completed the acquisition of a modern logistics facility in greater Seoul suburban market for US$145 million (or KRW 160 billion).
Ascott Residence Trust acquires 3 rental housing properties in Japan for JPY 6.78 Billion
Ascott Residence Trust (ART) has entered into agreements to acquire three freehold rental housing properties in central Sapporo for a total of JPY 6.78 billion (S$85.2 million1) to expand its rental housing portfolio in Japan.
Two adjoining freehold Singapore investment properties for sale by Colliers
Colliers Singapore announced that they will put two adjoining properties 70 & 72 South Bridge Road for sale via an Expression of Interest (EOI) on Tuesday, 11 May 2021.
Former Holiday Inn Resort Penang for sale with vacant possession by Knight Frank
Knight Frank is appointed as the exclusive agent for the sale that consists of a 4-star freehold hotel that provides two separate buildings – Ferringhi Tower and the Beach Wing which includes an additional 7.69 acres of development land with fantastic views of the breath-taking Andaman Sea....
Maxwell House Singapore Launched for Collective Sale at Lower Reserve Price Cushman & Wakefield
Maxwell House at No. 20 Maxwell Road Singapore for sale via a second public tender at a lower reserve price. Cushman & Wakefield are the appointed property consultants for the collective sale.
